As Wall Street reacts to the December PPI data, find the latest analysis on the first hour of trading live at 10:30 ET from the New York Stock Exchange.
Retail Sales Slump In December As Consumers Pare Spending Despite DiscountsModerna Stock Leaps On Positive Data From Late-Stage RSV Vaccine TrialUnited Airlines Stock Higher As Earnings, 2023 Travel Outlook Impress
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US producer prices surprised to the upside in February, with PPI rising 0.7% mom, more than double expectations of 0.3% mom. The annual rate accelerated to 3.4% yoy from 2.9% yoy, marking the strongest pace Read more…
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Key takeaways BoJ policy pause amid stagflation risks: The Bank of Japan is expected to keep rates unchanged at 0.75%, balancing rising inflation with slowing growth as higher oil prices from the US–Iran war in Read more…